Fidji Simo, OpenAI's No. 2 executive, is stepping down from her full-time role due to a prolonged medical leave, transitioning to a part-time advisory position. Her departure creates a leadership gap …
Fidji Simo is stepping down as OpenAI's AGI chief and transitioning to a part-time advisor role due to a chronic neuroimmune condition. Simo, who took medical leave in April, said her recovery is more…
OpenAI president Fidji Simo is taking a medical leave of absence due to a neuroimmune condition, and COO Brad Lightcap has transitioned to a special projects role, as the AI company prepares for a pot…
At the Data + AI Summit 2026, Databricks and OpenAI showcased their partnership to help enterprises deploy AI agents in production, with OpenAI providing frontier intelligence and Databricks offering …
British-founded startup Build raised $8.5M in seed funding led by Index Ventures to automate the due-diligence paperwork for data centres and other infrastructure projects. The company claims its AI p…
OpenAI teased a new hardware device for Codex AI coders, resembling a mini keyboard, in collaboration with hardware company Work Louder. The device, set for a July 15 reveal, is a shortcut keyboard ai…
OpenAI CFO Sarah Friar revealed in a March 2026 presentation that the company raised $122 billion, the largest fundraise in history, and detailed how compute scarcity, pricing ceilings, and memory cos…
OpenAI may delay its initial public offering to 2027 to stabilize its financial situation, according to reports. Prediction market odds for a 2026 IPO have dropped, with only a 24.5% probability of a …
OpenAI is reportedly considering delaying its initial public offering until 2027 to pursue a $1 trillion valuation and avoid current tech stock volatility, according to the New York Times. The company…
OpenAI is delaying its IPO to 2027, targeting a $1 trillion valuation, while rival Anthropic is expected to go public first after filing its S-1 in June 2026. CEO Sam Altman insists on the trillion-do…
OpenAI is leaning toward delaying its initial public offering until 2027 to achieve a $1 trillion valuation, according to reports. CEO Sam Altman reportedly considers any lower valuation a non-starter…
A new report warns that the artificial intelligence industry is in a speculative bubble reminiscent of the 2008 housing crisis, with companies spending trillions on infrastructure while revenues lag. …
OpenAI is leaning toward a 2027 IPO after CFO Sarah Friar warned the company isn't ready for public markets, citing a $3.7 billion cash burn in Q1 2026 and trillions in infrastructure commitments. The…
OpenAI is delaying its initial public offering until 2027 due to market uncertainties, unmet revenue targets, and significant spending on data centers, according to the New York Times. The company, kn…
OpenAI confidentially filed an S-1 with the SEC on May 22, 2026, targeting a public debut as soon as Q4 2026, with Goldman Sachs and Morgan Stanley leading the IPO. The company, generating $2 billion …
OpenAI's leaked 2025 financials reveal a $38.5 billion loss as the company prepares for its IPO, causing market participants to lower the probability of the IPO occurring by December 31, 2026 from 56%…
OpenAI CFO Sarah Friar stated at the Liquidity Summit 2026 that she would not hire a finance professional who lacks proficiency in AI tools like Codex, signaling that AI literacy is now a baseline req…
OpenAI CFO Sarah Friar declined to confirm whether the company’s device, led by former Apple designer Jony Ive, is an earpiece. Friar did not provide any details on the device’s form factor during her…
OpenAI CFO Sarah Friar declined to confirm whether the AI hardware device developed with former Apple designer Jony Ive is an earpiece, joking that revealing the form factor would prompt Ive to kidnap…
Sarah Friar, OpenAI's CFO, stated on the All-In Podcast that artificial intelligence will be the most transformative era for global productivity and quality of life. She argued that an initial public …